News

BreadTalk Group's Q2 profit drops 57.9%

Total revenue for the first half rose.

Gong Cha Singapore partners with Wirecard to integrate cashless payments

The bubble tea chain currently has 25 outlets in the Lion City.

Jollibee Foods Corporation sets sights on Indonesia after CBTL acquisition

The Philippine fast food giant hopes to get 50% of sales from overseas within three to five years.

108 Matcha Saro opens first site in Singapore

The Japanese chain continues its Southeast Asian expansion.

Fresh off its IPO, ST Group looks to further sweeten Australia's dessert scene

CEO Tatt Ghee Saw talks about their newest Japanese concept.

Dubai's Sumo Sushi & Bento inks deal to enter India

The Japanese restaurant chain plans to open up to 25 stores in India in the next five years.

Starbucks raises full-year earnings and revenue forecast, beats Q3 estimates

CEO Kevin Johnson says its US and China markets performed “extremely well”.

Weekly Global News Wrap: Yum taps new CEOs; Chipotle says no to plant-based meat; Dunkin' now serving ‘Beyond' sausage sandwich

Here is a summary of the most interesting QSR news stories of the week from around the world.

Jollibee Foods Corporation buys Coffee Bean & Tea Leaf for US$350m

This is the company’s largest multinational acquisition to date.

Luckin Coffee forms joint venture to enter Greater Middle East, India

China’s fastest growing coffee chain makes its first move overseas.

Chatime expects to have 35 outlets in Japan by end-2019

One of their outlets in Osaka has reported sales of more than 2,000 cups per day.

Everstone Capital to sell Burger King India franchise: report

InterGlobe is said to be in advanced discussions with the firm.